55
Map
261 Arrowhead Lane
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by LaRocque & Co., Realtors | $989,000 | |
| Listed by LaRocque & Co., Realtors | |||
| | |||
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Z~Awesome Location! Looking for a beautiful home on the water? This stunning waterfront/pool home is under $1M in highly sought after Melbourne Beach. Attention to detail is obvious from the minute you step inside. The home is beautifully updated, light and bright with wood beamed ceilings in the open floor plan. The house is a 3/3 with a new shower in the master bath upstairs as well as an office/ bonus room. New kitchen with stainless steel appliances. Huge private backyard, have your water toys ready, there is a three-tier deck and dock with easy intercoastal access minutes from Sebastian Inlet. Motivated Sellers!
Directions: South on A1A to right on to Woody Circle, left on Mohican Way, right on Nikomas, left on Arrowhea
| |||
| Oct 14, 2022 | Listed by LaRocque & Co., Realtors | $989,000 | |
| Listed by LaRocque & Co., Realtors | |||
| Aug 26, 2020 | Sold | ||
| Sold | |||
| Mar 22, 2020 | Listed by LaRocque & Co., Realtors | $488,900 | |
| Listed by LaRocque & Co., Realtors | |||
Property Highlights
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About Sunnyland Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,000 /mo
- 2 Beds
- 2 Baths
- 1,103 ft²
$2,750 /mo
- 3 Beds
- 2 Baths
- 1,534 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017